Main accounting issues in ssap 24

Reference no: EM13954502

(a) Identify and explain the main accounting issues in SSAP 24, Accounting for pension costs, for defined contribution schemes and defined benefit schemes.

(b) Provide a numerical illustration of accounting for a pension scheme surplus. You should explain the meaning of the resulting profit and loss account and balance sheet amounts, making appropriate reference to relevant accounting concepts and principles.

Reference no: EM13954502

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